Patanjali Ayurved

Patanjali Foods says not considering FPO to increase public shareholding

But other modes like OFS, QIP to raise public shareholding

Patanjali Foods Q3 profit rises 15% to Rs 269 crore on better sales

Patanjali Foods Ltd, which is mainly into edible oil business, has posted a 15 per cent growth in its net profit to Rs 269.18 crore for the December quarter on better sales. Its net profit stood at Rs 234.07 crore in the year-ago period, according to a regulatory filing. Total income rose by 26 per cent to Rs 7,963.75 crore during the quarter ended December 31, as compared to Rs 6,301.19 crore in the corresponding period of the previous year. During the April-December period of this fiscal, nine-month period ended December 31, 2022, net profit increased to Rs 622.73 crore from Rs 571.87 crore a year ago, said Patanjali Foods, which is part of Baba Ramdev-led Patanjali Ayurved. Total income rose to Rs 23,858.50 crore in the first nine months of this fiscal year from Rs 17,608.18 crore in the previous year. Patanjali Foods Ltd (formerly known as Ruchi Soya Industries Ltd), has 25 manufacturing facilities, and an allocation of 6.23 lakh hectares of oil palm plantation. Besides edibl

Patanjali Foods plans to build export portfolio of FMCG, health products

Firm to focus on new launches with high margins and high growth

Patanjali group eyes Rs 1 trillion turnover over the next 5-7 years

Patanjali also plans to carry out oil palm plantations on over 1.5 mn acres in 55 districts of 11 states, and aims to earn annual returns of Rs 2,000 crore in five to seven years

After Patanjali, Reliance Retail could be the next big disruptor in FMCG

Other FMCG companies will have to increase their advertising spends in segments Reliance makes a meaningful acquisition in order to stay competitive.

Ruchi Soya Industries renamed Patanjali Foods with effect from June 24

In May, Ruchi Soya announced the acquisition of Patanjali Ayurved's entire food business for Rs 690 crore, in order to speed up its transition into an FMCG company

Ruchi Soya acquires Patanjali Ayurved's food business for Rs 690 crore

To pay 1% of turnover of products as annual royalty under transfer agreement

Ruchi Soya hits upper circuit on buyout of Patanjali's food retail business

The board also approved to change company's name from Ruchi Soya Industries to Patanjali Foods.

Ruchi Soya to change the name of the company to Patanjali Foods

The board of Ruchi Soya also accorded its in-principle approval for evaluating the most efficient mode of enhancing synergies with Patanjali Ayurved Ltd's food portfolio on an arm's-length basis

Ruchi Soya to launch FPO on March 24; looking to raise Rs 4,300 cr

Edible oil firm Ruchi Soya, which is owned by Baba Ramdev-led Patanjali Ayurved, will hit the capital market with its follow-on public offer (FPO) on March 24 to raise up to Rs 4,300 cr.

Ruchi Soya buys biscuits, noodles unit from Patanjali for Rs 65 cr

Ruchi Soya to use FPO fund to repay debt

Ramdev has no ill-will against modern science, its practitioners: Patanjali

Patanjali Yogpeeth Trust denied allegations by the Indian Medical Association (IMA) that yoga guru Ramdev has misled people by making "unlearned" statements modern medicine

Patanjali Ayurved raises Rs 175 cr through non-convertible debentures

Baba Ramdev-led Patanjali Ayurved on Tuesday said it has raised Rs 175 crore by issuing non-convertible debentures (NCDs).

Patanjali refutes IMA's claims; releases research papers on Coronil

To support its argument, Patanjali has released a bunch of scientific papers on its research for a Covid-19 medicine that was published in popular peer-reviewed journals

Coronil has got Ayush Ministry certification as per WHO scheme: Patanjali

The firm said its Coronil tablet has received certification from the Ayush Ministry as a medicine supporting COVID-19 treatment as per the World Health Organization's certification scheme

India's super-rich club sees 10 new entrants in 2020; wealth up 33%

Ramdev, partner see biggest jump in wealth in percentage terms

Baba Ramdev on board of Ruchi Soya; brother Ram Bharat to be MD

Ruchi Soya Industries Ltd in a notice to shareholders sought approval for appointment of Ram Bharat, 41, as the managing director of the company.

Patanjali Ayurved far from glory days even as revenue and profit rise

While the company's operating revenue grew 6%, net profit jumped 22% in FY2020

Patanjali Ayurved's FY20 net rises 21.56% to Rs 424 cr, expenses up 5.34%

Total expenses of Patanjali Ayurved were up 5.34 per cent to Rs 8,521.44 crore

BS READS: Ramdev's low-key brother emerges from the shadows with Ruchi Soya

Baba Ramdev's fame drives Patanjali - he evolves broad strategies and Acharya Balkrishna acts as MD. But there is also a third man in Patanjali's power index: Ram Bharat, Ramdev's younger brother